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Apr 13, 2013
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taxes. as we can see yet again this week, by the submission of his budget, which was 65 days late. president obama wants to raise taxes so he can grow government even more. not only do we balance in 10 years in the house's budget we get the economy moving again without raising taxes. when you look at the senate budget and the president's budget they raise taxes by $1 trillion and never get to balance. it show you the choice of two different approachs. we've been calling for pro-growth tax reform that lowers overall rates so we can get the economy moving again and create jobs. it has been proven to work every time it's tried and i'm encouraged that the full committee is committed to moving on tax reform that actually gets our economy moving again. if you look at what the president has been doing on taxes, he loves hiding behind straw men and calling taxes on millionaires and billionaires but if you look at the details it hits hard-working middle-class families in the gut. just last week the p
taxes. as we can see yet again this week, by the submission of his budget, which was 65 days late. president obama wants to raise taxes so he can grow government even more. not only do we balance in 10 years in the house's budget we get the economy moving again without raising taxes. when you look at the senate budget and the president's budget they raise taxes by $1 trillion and never get to balance. it show you the choice of two different approachs. we've been calling for pro-growth tax...
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Apr 13, 2013
04/13
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as we look at this i mention that income tax started as a tax only on the very rich and became a tax on almost every american. this is what politicians call trickle down taxation. they target 155 people then hit four million, perhaps threaten 30 million. they did the same thing with the funding of the spanish-american war. only the truly rich were then very soon, every american was paying for the tax long after the war ceased to continue. we now have a president that promised he would not tax anyone who earned less than $250,000 and that lasted 16 days into his first term when he raised taxes on people who smoke cigarettes. so his promise only to tax rich people lasted 16 days in the administration and now he's repeating that with another tax increase on lower income americans with another tax increase targeted at middle-income americans. congressman. by >> so if you're working on a production line in illinois, which i just visited earlier this week. you understand or you come to understand the impact on taxes, on your ability to improve in your marketplace, to improve the wages that
as we look at this i mention that income tax started as a tax only on the very rich and became a tax on almost every american. this is what politicians call trickle down taxation. they target 155 people then hit four million, perhaps threaten 30 million. they did the same thing with the funding of the spanish-american war. only the truly rich were then very soon, every american was paying for the tax long after the war ceased to continue. we now have a president that promised he would not tax...
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Apr 15, 2013
04/13
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it also has the effect of taxing the rich and not taxing the poor. medicare, one of the misnomers in washington is that progressives are not willing to address entitlements. that is not true. we're not willing to cut benefits. we're not willing to take money out of grandparents and widows and veterans pockets, but we will find common sense savings. ande allow medicare medicaid to negotiate prices with the drug companies, we would save $130 billion. that's a lot of money. that's a lot of grandparent's we are keeping from having a bus in their pockets on a very limited income. that's not something progressives would locally swallow as part of a progressive -- as part of a larger package. that is outwardly the progress of thing to do. you're stopping big corporations from ripping off taxpayers and grandparents. let's do common-sense reforms like that which bring down the cost of health care. taking away grandparents money does not do anything for the cost of health care and it's not a band-aid on health-care cost problem. you mentioned these commissions
it also has the effect of taxing the rich and not taxing the poor. medicare, one of the misnomers in washington is that progressives are not willing to address entitlements. that is not true. we're not willing to cut benefits. we're not willing to take money out of grandparents and widows and veterans pockets, but we will find common sense savings. ande allow medicare medicaid to negotiate prices with the drug companies, we would save $130 billion. that's a lot of money. that's a lot of...
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Apr 19, 2013
04/13
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it used to be in 1997 that the total tax revenue raised from the corporate tax, income tax, and the consumption tax was 41 trillion yen, but in the following year, it was reduced down to 37 trillion yen. we hope it would add another five trillion yen to the retina. instead we lost four trillion yen. >> speaking in ja artyast year the ruling was able to strike an agreement, 18 provisionse included. have d.c. first of all to pick up the economy, otherwise there is no way the consumption tax would take place. whether to do it will be decided by october. if we end up having picked up an economy by then, we can raise the tax, but if it does not look that well then, the timing of the raising of the tax will be deferred to a later date. i am sure in this kind of response we have been seriously considering the implications of the tax increase trade you asked me if i could make a decision right now to say definitely that taxation will be raised, stage we cannot say that definitely. we have to allow more time to make sure that the economy will really get better. then the judgment will be made definitely.
it used to be in 1997 that the total tax revenue raised from the corporate tax, income tax, and the consumption tax was 41 trillion yen, but in the following year, it was reduced down to 37 trillion yen. we hope it would add another five trillion yen to the retina. instead we lost four trillion yen. >> speaking in ja artyast year the ruling was able to strike an agreement, 18 provisionse included. have d.c. first of all to pick up the economy, otherwise there is no way the consumption tax...
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Apr 13, 2013
04/13
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chairman, that's an appropriate conversation for those of you who are looking at the tax code to have. i do feel that there are lots of influences throughout our culture that impact folks and what the appropriate balance is between industries that we want to encourage and censorship and what they do i think is always open for debate. but i do share your concern that there is a pervasive culture of violence both through the media and the answer -- entertainment industry, but also also i think, america is a violent country and that's acted out in neighborhoods and on street corners on a regular basis and that has an impact on our health, on our mental health, our communities, on our kids. >> all right. thank you. mr. levin is recognized. >> mr. chairman, in a way i'm kind of glad you shifted the approach from mr. reid's approach to violence. i share your hope on that hand and hope the senate will act on gun violence in the next weeks and bring it up to the house and we can look at the tax code, too. i'm sorry that -- mr. reed is still here and i just want to say something if i might bec
chairman, that's an appropriate conversation for those of you who are looking at the tax code to have. i do feel that there are lots of influences throughout our culture that impact folks and what the appropriate balance is between industries that we want to encourage and censorship and what they do i think is always open for debate. but i do share your concern that there is a pervasive culture of violence both through the media and the answer -- entertainment industry, but also also i think,...
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Apr 16, 2013
04/13
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the problem is is the way we have done it, they do not pay tax. you have to pay tax. and the employer would pay the tax. a ford are did not pay because it will not be here -- foreigner does not pay because they will not be here long. but we did not have the employer pay either. if the employer hires you, you will have to pay 15 percent more. why would anyone hire american when you can hire foreigners and pay them 15% less? with high unemployment, is the sticking point for a lot of people. a lot of little things like that within our immigration system that should be tweaked and never are. >> having immigrants and america can be very valuable to our economy. >> immigrants create jobs, create businesses, pay taxes. even those that are of -- not documented, it will pay a wide range of taxes. >> your testimony was that immigration actually saved new york, stimulation of the economy. can you briefly describe how that worked? >> i cannot speak with authority on any place outside of the five boroughs of new york city. i can tell you we think we have roughly 500,000 undocument
the problem is is the way we have done it, they do not pay tax. you have to pay tax. and the employer would pay the tax. a ford are did not pay because it will not be here -- foreigner does not pay because they will not be here long. but we did not have the employer pay either. if the employer hires you, you will have to pay 15 percent more. why would anyone hire american when you can hire foreigners and pay them 15% less? with high unemployment, is the sticking point for a lot of people. a lot...
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Apr 16, 2013
04/13
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they will not want the tax, the penalty, and the interest liability that goes along with a tax violation. that's a clear piece, it's not a piece of policy being discussed by these people because they are not serious about solving this problem in the way rule of law people would be. e-verify won't be enforced adequately to be effective. it could be passed, i think it could be passed as a condition but next one is, finish the border fence. we have that language in place now. we passed a 700-mile border fence language, actually 854 miles and that's because the border is crooked in some 40 es and we've got about miles of effective fence system of follow through on the existing law we have, is my recommendation. we don't have to have a new law to build a fence. build the fence, secure the border, then come back and tell us you have actually accomplished that. let's watch this thing with drones and see if that's taken place. we know from the last drone report the border patrol even drone assisted were not interdicting half of those attempting to cross the border and that number in that sector
they will not want the tax, the penalty, and the interest liability that goes along with a tax violation. that's a clear piece, it's not a piece of policy being discussed by these people because they are not serious about solving this problem in the way rule of law people would be. e-verify won't be enforced adequately to be effective. it could be passed, i think it could be passed as a condition but next one is, finish the border fence. we have that language in place now. we passed a 700-mile...
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Apr 12, 2013
04/13
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pays his taxes, as he said. take care of his kids. feels somebodyl will come and grab his shoulder and say come this way. contact within raymond every day and were able to lord him out for the closing lure him out for the closing night of the film festival. all still inr are new york. all essentially in the same neighborhood. yousef is perhaps the most successful. he has a good paying job. he does it. he has two kids. he is an amazing human being and a great father. raymondin and raymond, works for an employee's union. i can't remember where kevin is. they come up with -- they come out with us frequently. bc them a lot. korey too. he was the oldest. he is now 40. he has been on disability for a long time and in some way struggles because of these disabilities that the rest of not -- have not. that theyg thing is are alive. i think the intention was they would not make it through this. no conspiracy. that in the era of the new jim crow, it was assumed they would disappeard t -- mistake of the fact that they got the wrong guys would dis
pays his taxes, as he said. take care of his kids. feels somebodyl will come and grab his shoulder and say come this way. contact within raymond every day and were able to lord him out for the closing lure him out for the closing night of the film festival. all still inr are new york. all essentially in the same neighborhood. yousef is perhaps the most successful. he has a good paying job. he does it. he has two kids. he is an amazing human being and a great father. raymondin and raymond, works...